ODDO BHF AM launches the ODDO BHF Green Bond Fund
Düsseldorf, Frankfurt am Main, Luxembourg, Paris, 17.12.2019
With the Fund ODDO BHF Green Bond, ODDO BHF Asset Management supports the
sustainable adjustment of Economy and Society in the context of climate change. ODDO
BHF Green Bond is directed to bond investors who want to support the finance of
sustainable projects, thereby contributing to the achievement of climate protection goals.
The fund emerged from the repositioning of the international bond fund ODDO BHF Accu
ODDO BHF Green Bond will invest in a portfolio of government and corporate bonds as well as bonds from SSA-issuers (Sovereigns, Supranationals and Agencies) that are used to finance sustainable projects. These projects range from infrastructure for renewable energy or clean transportation to ecologically sustainable solutions for waste management and water use.
The market segment for green bonds has gained massively in importance over the past five years. Currently, the volume of all green bonds outstanding worldwide is the equivalent of USD 593 billion*. Almost half of these bonds are issued by governments and governmentrelated institutions, while corporate bonds are dominated by defensive sectors. "This defensive character makes green bonds particularly interesting for responsible investors. As a specialist for the European credit markets, our fundamental research offers investors in our fund additional protection against credit risk," underlines Maik Ohm, from ODDO BHF AM GmbH. "We also continuously monitor that the issuer actually finances sustainable projects. Many investors in this new, dynamically growing market segment rightly attach great importance to this,” adds Raul Kaltenbach, from ODDO BHF AM GmbH. The 2 fund managers, supported by 18 fixed-income analysts, select the most fundamentally attractive bonds.
With ODDO BHF Green Bond, ODDO BHF Asset Management underscores its commitment to sustainable finance. Its ESG approach focuses on ESG criteria integration, engagement with companies and a climate policy supporting the energy transformation.
(*) Source: Environment Finance Bond Database / Börsen-Zeitung, May 2019
(**) The fund is registered in France and Germany
UN-PRI rating: Our A+ rating for "strategy & governance" and "equity" maintained.
ODDO BHF Asset Management is extending the integration of ESG criteria to its ODDO BHF European Convertibles Moderate fund.
A new paradigm? - Monthly Investment Brief July 2019